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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: Kingpin who wrote (4080)	2/27/1998 10:53:00 PM
From: Steven Bowen	Read Replies (1) \| Respond to of 12468

<Steven, what did you end up doing with MCLD?> Being greedy and held. Could of sold at the bid all day for a triple in two days, but found it hard to sell any CLEC today. MCLD really ran into a battle of the bulls vs the bears (or probably the traders vs the momentum players) at 39 today. Probably a bunch of traders getting out at 39 (I thought they'd wait till 40, but probably all trying to beat each other) but a lot of others getting in just like all the other CLEC's. My gut tells me the bulls will win, and then another quick move to 41. And then we'll see if it can really break out or not. But this is a pretty easy market to get greedy in, so I think I'll just wait and see what happens.